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Over the years, I've seen too many people rush into the crypto world all at once, thinking about flipping their positions overnight, only to end up being the ones who get cut. Instead of following those mysterious and complicated strategies, I want to share some practical tips—nothing groundbreaking, but effective. Having experienced crashes like 312 and seen LUNA go to zero overnight, this approach has helped me stay afloat, and sometimes even catch the bottom.
**Don't Be the Bagholder in the Hot Money Wave**
The biggest mistake many make is chasing the rally. They see a coin at the top of the gainers list, get excited, and rush in, only to buy at the peak. My logic is different: I only focus on strong coins, but I never catch falling knives.
How do I filter? It's simple—coins that stay in the top 20 of the gainers list for 11 days or more indicate genuine interest from funds. But if a coin drops for more than 3 days in a row? I remove it immediately. Why so harsh? Because the funds have already moved out. Entering at this point is like willingly throwing money away.
These coins are usually related to new public chains, DeFi concepts, and such—hot for a short period, then gone just as fast. When you see it falling endlessly, don’t get entangled or develop emotional attachment—just delete it and move on.
**Monthly Charts Reveal the Big Trend**
Daily and weekly fluctuations are just noise. To grasp the main direction, you must look at the monthly chart.
Don't underestimate the significance of a MACD golden cross (DIF line crossing above the DEA line). When a golden cross appears on the monthly chart, it’s not just a short-term rebound; it indicates that big funds are quietly building positions. That’s the real sign of a trend reversal.
Ninety percent of projects in the crypto space will eventually disappear, but those that can break out on the monthly level usually have solid fundamentals—technological upgrades, ecosystem development—that are what allow them to survive.